More than 31,000 Malaysians under 35 are bankrupt: Minister – Yahoo Singapore News

A total of 31,140 individuals aged 35 and below have been officially registered as bankrupts between 2014 and May 2023, as per the Malaysian Insolvency Department (MDI) records, according to Deputy Minister in the Prime Ministers Department (Legal and Institutional Reform) Ramkarpal Singh. Taking note of this concerning situation, he said the government has taken…

Six brokers from bankrupt Lorentzen & Co join Affinity – Splash247 – Splash 247

Richard Fulford-Smith-led broking firm Affinity has hired six former employees of Lorentzen & Co which declared bankruptcy after over 100 years in business. The former Lorentzen staff joined Affinitys bulker-oriented entity, Affinity Dry Bulk, and will establish the companys new New York base. According to a LinkedIn post by Affinity Dry Bulks director Hans Bredrup,…

FIGA Sells Muni Bonds to Keep Up with Insolvent Insurer Claims – Insurance Journal

Article 0 Comments New You can now listen to Insurance Journal articles! The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in three decades the agency has tapped the municipal bond market to…